Zucker Goldberg Co-mingled Finances with Software Company, Examiner’s Report Says

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Zucker Goldberg Co-mingled Finances with Software Company, Examiner’s Report Says

Zucker Goldberg Co-mingled Finances with Software Company, Examiner’s Report Says

NJ LAW JOURNAL-

An investigator’s report alleges that creditors owed money by bankrupt New Jersey foreclosure firm Zucker, Goldberg & Ackerman may have valid causes of action in connection with how the firm did business in recent years.

In a report released late Tuesday, bankruptcy examiner Donald Steckroth delved into the Mountainside-based firm’s relationship with 4S Technologies Inc., a software company formed in part by Zucker Goldberg managing partner Michael Ackerman in 2007.

Zucker Goldberg’s and 4S Technologies’ “finances are intricately intertwined,” said Steckroth, noting that 4S guaranteed a $4 million line-of-credit loan by Zucker Goldberg, and Zucker Goldberg in 2011 purchased $290,000 worth of equipment for 4S and “was paying virtually all of 4S’s expenses” in 2014 and 2015.

[NJ LAW JOURNAL]

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One Response to “Zucker Goldberg Co-mingled Finances with Software Company, Examiner’s Report Says”

  1. dani says:

    put this NJ law firm attorneys in jail they all criminals also look into Pressler and Pressler of new jersey this law firm attorneys are also all criminals and fraudsters

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